There is weakness in the semiconductor market,
NVDA has recently been underperforming peers,
ASX,
INTC,
ATOM.

The mayority of ratios are not good either, P/S, P/E, EV/EBITDA are way over Industry Average.
Short term we may see a bounce to the 165-180 zone post earnings, where there is an unfilled Gap, price should range for a couple weeks between daily 50 MA and 200 MA.
The mayority of ratios are not good either, P/S, P/E, EV/EBITDA are way over Industry Average.
- Weak cryptocurrency demand of chips
- Suspension of test drives for driverless vehicles
- Uncertain macroeconomic environment may jeopardize company growth (80% company sales derived from outside US)
- Customer concentration: Top two customers accounted for 30% of total accounts receivables
Short term we may see a bounce to the 165-180 zone post earnings, where there is an unfilled Gap, price should range for a couple weeks between daily 50 MA and 200 MA.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.